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Lightnet bags $50 million capital commitment from LDA Capital to Boost Velo Blockchain Technology | Taiwan News | 2022-08-30 08:00:00

August 30, 2022
Source: taiwannews.com.tw taiwannews.com.tw
News Snapshot:
Global alternative investment group LDA with expertise in innovative, cross border transactions, adds a next-generation financial infrastructure provider to its investment portfolio. SINGAPORE - Media OutReach - 30 August 2022 - The Lightnet Group ("Lightnet") announced today it has secured a $50 million capital commitment from LDA Capital Ltd ("LDA") to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology. Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years. The funds will be utilized to facilitate web 3.0 payment and...
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